Avanse Education Loan

Overview : Avanse Education Loan Online

Non-banking financial service provider Avanse offers education loans to students who want to pursue their higher studies either in India or abroad. They deem that young adults need to expand their horizons and not limit their learning abilities. And that is why Avanse education loan for studying abroad is designed keeping all the student requirements in mind.

Avanse financial services education loan for studies abroad covers 1,626 universities, 1,262 colleges, and more than 6,000 courses across 44 countries. They provide pre-visa disbursement loan, pre-admission loan, bridge loan, fast-track loan, score-based benefits, and ensure that the applicant faces no financial issues while studying abroad in order to elevate their career to the next level.

Features and Benefits

S.No.

Features

Avanse Education Loan Requirements

1.

Nationality and Age

Indian citizen of 18 years and above

2.

Loan Amount

Minimum: Rs.1 lakh
Maximum: Rs.40 lakh; though it can be increased depending on the fees

3.

Margin Money

None

4.

Avanse Education Loan Without Collateral or With Collateral

Both types of loans are offered, based on student’s profile

5.

Avanse Education Loan Interest Rate

11.75% to 16%

6.

Prepayment

Not allowed for the first 6 months after disbursement, but allowed any time after that, with no penalties

Benefits

Low Turnaround Time

Doorstep Service

To get an Avanse Education Loan approved, you need only upload your documents on GyanDhan’s website. No need to go anywhere physically! What’s more - you get step-wise updates via notifications.

No Cost to You

GyanDhan’s services for applicants are absolutely free. We do not charge any kind of processing fees or commissions from the applicants at all.

Higher Chances of Approval

In case of any missing documents, property issues or other problems, we approach Avanse officials promptly to find solutions. This ensures speedy resolution and significantly increases your odds of approval.

How to Apply

Apply Online & Upload Documents

Processing & Approval

Free Doorstep Document Collection

Loan Sanction & Disbursal

Documents required

GyanDhan provides a customized documents list for Avanse Education loans, which depends on your profile, your co-applicant’s profile and any property/asset, which you may offer as collateral. At a high level, the following documents are needed.

Applicant’s Documents Pertaining to:

Identity Proof

Address

Past Academic Record

Co-Applicant’s Documents Pertaining to:

Identity Proof

Address

Financial

After evaluating your profile, GyanDhan will present you with a customized documents’ list and then initiate the loan process with Avanse. If some documents are missing, then we will suggest alternatives to get your loan sanctioned on time.